Work closely with a financial advisor who can offer expertise and guidance to help you focus on actions that add value. Focusing on what you can control can lead to a better investment experience. Create an investment plan to fit your needs and risk tolerance. Structure a portfolio along the dimensions of expected returns. Diversify globally. Manage expenses, turnover, and taxes. Stay disciplined through market dips and swings.
No one knows what the next 10 months will bring, much less the next 10 years. But maintaining patience and discipline, through the bad times and the good, puts investors in position to increase the likelihood of long-term success.
If an advisor isn’t willing to explain the recommendations they are making and how they’re getting compensated, it’s time to find a new advisor.
EPISODE 16. Free Trades, Stock Picking, Paul Rudd, Q&A
EPISODE 14. McDonald's, Vaping, Fighting Joe Rogan
EPISODE 13. Student Loan Forgiveness, Passive Investing, What I Wish They Taught Me